The only question is whether you can log PIC time when P2 and didn't command the aircraft for takeoff and landing. That is not addressed in the regs so ask the airline when you get there what their policy is.
That sure as hell sounds like a cruise captain position to me...! Regardless of what the regulations permit you to write on your book or not, transferring to another job with those hours might be tricky since there are a few 777 contracts out there that won't accept P2 time as PIC. You guys can argue semantics all you want, but if you don't sign the book and are not listed on the nav log as the PIC then you are not the PIC
